Global Update: Westpac Commits $100 Million to Student Scholarships

Westpac, one of Australia’s largest banks and financial services providers, has established the Westpac Bicentennial Foundation with a $100 million commitment. The Westpac Bicentennial Foundation, which was created as a lead up to Westpac’s 200th anniversary in 2017, will initially support student scholarship programs at the University of Melbourne, University of Sydney, and University of Wollongong.

“We strongly believe that as a vital part of the Australian community, Westpac has a responsibility to play a role in ensuring we capitalise on every opportunity to help nurture future leaders,” said Gail Kelly, Managing Director & Chief Executive Officer, Westpac, in a company media release.

Westpac’s $100 million commitment is the largest corporate gift and largest private education scholarship fund contribution in Australia’s history.

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